本帖最後由 Stiggy930 於 2015-6-3 13:36 編輯
what gave you that idea of 2019?
ironmonkey 發表於 2015-6-3 11:52 
Because that is the date MOST (if not all) of AMD's bonds will expire. If AMD can not re-pay/the bonds can not be extended, AMD is gg for sure in 2019.
http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-fundCashFlowQ
http://www.valuewalk.com/wp-cont ... ompetition__wbs.pdf
Currently, AMD has 677 million USD in cash, 46 million USD in Accounts Receivable & 1.45 billion USD non current assets that can be convert to cash.
In the last 5 quarters, AMD lost 140 million USD in avg. That means they can at least stay afloat for another 15 quarters (Between 2019 and 2020).
If they are not losing money, AMD still needs around 3 billion of assets to re-pay the bonds if they can not be extended. This means AMD is seriously in need of cash. That is why Lisa Su said AMD will go for high margin stuff now. Low margin stuff can't give them cash fast enough. |